KAREX, THE WORLD LARGEST CONDOM PRODUCER.
I really salute for the innvative of their product development. Firstly, they came out Nasi Lemak Condom in the year of 2017.
Let take a look how does nasi lemak condom look like.
Source obtain from https://says.com/my/fun/this-is-the-first-box-of-nasi-lemak-condoms-in-the-entire-world-folks
Let take a look after this creative and innovative product being launch to the market. How is the shares price doing for karex?
When we look at the news being coverage by the media as early as 28 Sept 2017. So, before product being launch out to the market. I guess it make take 2- 3 months preparation to make it materialise. So, I would take Jun 2017 as the idea being finalise by the product development team as well as getting the blessing by the top management of KAREX.
Source obtain from https://themalaysianreserve.com/2017/09/28/nasi-lemak-flavoured-condoms-hit-market-november/
Let take a look at the chart performance after this idea came out.
What happened after this nasi lemak condom, is about food tasting favour. Just not long ago, they just came out drinking flavor which is teh tarik condom. Oh MY God, can you imagine, a person his mind is about food and drink when having intimate moment. I guess a girl will definitely give a guy a slap for not focus on her but on food/drink.
Business need creativity and innovative. But some business model just need to be doing it traditional way. The only thing can make it better to capture bigger market shares is via video marketing, partner with the government to promote pregnantal control program for teenager, promote safe sex campaign. That is some are the focus that karex management should look into it instead of product. There is nothing wrong with the quality of KAREX. Just keep the standard and ensure quality control at the highest level. To make people feel safe and secure.
Why am i bringing it up although fundamental may not look good at this moment, It is merely base on technical point of view.
1. ACCUMULATION VOLUME AT THE LOW
SUPPORT : 0.42
RESISTANCE : 0.51 ; 0.615
SWING HERO INDICATOR : SH1, SH2 APPEAR
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